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Investments in and Advances to Unconsolidated Affiliates - Unconsolidated Affiliates - Schedule of Condensed Balance Sheet (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
 [2]
Combined and Condensed Balance Sheets      
Other assets $ 230,327 $ 223,767  
Total assets 4,875,192 [1],[2] 4,371,203 [1] $ 4,276,323
Total liabilities, redeemable noncontrolling interests, and equity 4,875,192 4,371,203  
Investments carried at cost [3] 3,511 4,540  
Company's share of distributions in excess of income from and investments in unconsolidated affiliates (17,119) (16,514)  
Investments in and advances to unconsolidated affiliates 164,403 209,232  
Unconsolidated Affiliates      
Combined and Condensed Balance Sheets      
Rental property, net 905,140 1,016,229  
Other assets 125,202 162,713  
Total assets 1,030,342 1,178,942  
Mortgage notes payable 631,956 815,045  
Other liabilities 130,437 140,743  
Partners’ equity 267,949 223,154  
Total liabilities, redeemable noncontrolling interests, and equity 1,030,342 1,178,942  
Company's share of accumulated equity 128,152 131,793  
Basis differential 8,958 50,851  
Deferred fees, net of portion related to the Company's interest 5,232 5,400  
Amounts receivable/payable by the Company 1,480 446  
Investments in and advances to unconsolidated affiliates, net of Company's share of distributions in excess of income from and investments in unconsolidated affiliates 143,822 188,490  
Investments carried at cost 3,462 4,228  
Company's share of distributions in excess of income from and investments in unconsolidated affiliates 17,119 16,514  
Investments in and advances to unconsolidated affiliates $ 164,403 $ 209,232  
[1] consolidated assets and liabilities of Acadia Realty Limited Partnership (the “Operating Partnership”), which is a consolidated variable interest entity (“VIE”) (Note 15). The Condensed Consolidated Balance Sheets include the following amounts related to our consolidated VIEs that are consolidated by the Operating Partnership: $1,776.1 million and $1,640.1 million of Operating real estate, net; $- million and $31.5 million of Real estate under development; $56.2 million and $74.4 million of Investments in and advances to unconsolidated affiliates; $84.2 million and $79.4 million of Other assets, net; $1.6 million and $2.0 million of Right-of-use assets - operating leases, net; $36.8 million and $15.9 million of Cash and cash equivalents; $12.9 million and $11.0 million of Restricted cash; $27.2 million and $27.3 million of Rents receivable, net; $21.0 million and $- million of Assets of properties held for sale; $876.3 million and $799.7 million of Mortgage and other notes payable, net; $130.1 million and $120.1 million of Accounts payable and other liabilities; $1.7 million and $2.1 million of Lease liability- operating leases as of September 30, 2025 and December 31, 2024, respectively.
[2] Total assets for the Investment Management segment include $529.5 million and $545.3 million related to Fund II’s City Point property as of September 30, 2025 and 2024, respectively.
[3] Includes cost-method investment in Fifth Wall. The Company recorded an impairment charge of $0.2 million and $0.6 million for the three and nine months ended September 30, 2025, which is included in Realized and unrealized holding gains (losses) on investments and other in the Company’s Condensed Consolidated Statements of Operations.